Social Promise Inc
- Assets
- $1.8m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Greencastle, IN
- Founding
- 01/2012
- Data as of
- 12/2021
- EIN
- 45-2819526
Organization Overview
Social Promise Inc is located in Greencastle, IN. The organization was established in 2012. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Promise Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Social Promise Inc generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 61.0% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 46.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING CRITICAL HEALTH AND EDUCATION RESOURCES FOR UGANDAN CIVILIANS LIVING IN EXTREME POVERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT CRITICAL HEALTH AND EDUCATION RESOURCES FOR UGANDANS LIVING IN EXTREME POVERTY - PARTNER WITH LACOR HOSPITAL IN UGANDA
TO SUPPORT CRITICAL HEALTH AND EDUCATION RESOURCES FOR UGANDAN CHILDREN LIVING IN EXTREME POVERTY - PARTNER WITH ST JUDE CHILDREN'S HOME IN UGANDA
AFRICAN ADVENTURE - TEACH YOUNG CHILDREN ABOUT THE LIVES OF FAMILIES LIVING IN GULU, UGANDA. THROUGH THIS EVENT, THE CHILDREN HAVE THE OPPORTUNITY TO EXPERIENCE PARTS OF EVERYDAY LIFE IN GULU.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Ann Etling Vice Chair | OfficerTrustee | 3 | $0 |
Sarah Mcgee Treasurer | OfficerTrustee | 5 | $0 |
Francis Fordjour Chair | OfficerTrustee | 3 | $0 |
Nancy Dennery Goslee Secretary | OfficerTrustee | 2 | $0 |
Sharon Mcgee Crary Executive Di | Officer | 10 | $0 |
Claire Dunnett Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,328,986 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,328,986 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $32,109 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,361,095 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,273,228 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $941 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,700 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,045 |
| Advertising and promotion | $9,333 |
| Office expenses | $1,306 |
| Information technology | $1,478 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,205 |
| All other expenses | $22 |
| Total functional expenses | $1,306,234 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,787,705 |
| Savings and temporary cash investments | $2,622 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,790,327 |
| Accounts payable and accrued expenses | $5,603 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,603 |
| Net assets without donor restrictions | $154,262 |
| Net assets with donor restrictions | $1,630,462 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,790,327 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Social Promise Inc has recieved totaling $974.
| Awarding Organization | Amount |
|---|---|
Open Society Institute New York, NY PURPOSE: MATCHING GIFT PROGRAM | $300 |
Alice And George Family Foundation Inc New York, NY PURPOSE: GENERAL CONTRIBUTION | $250 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $174 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Nis Enterprises Fund Chicago, IL | $84,059,720 | $4,246,374 |
Junior Achievement Of Northern Indiana Fort Wayne, IN | $7,556,619 | $6,668,651 |
Junior Achievement Of Chicago Chicago, IL | $24,417,639 | $5,536,701 |
Junior Achievement Of Wisconsin Inc Milwaukee, WI | $25,670,610 | $3,770,604 |
Junior Achievement Of Greater St Louis Chesterfield, MO | $7,704,304 | $3,436,405 |
Junior Achievement Of Central Indiana Indianapolis, IN | $5,835,841 | $2,240,758 |
Marketplace-Handwork Of India Evanston, IL | $2,563,812 | $2,631,132 |
Junior Achievement Of Kentuckiana Inc Louisville, KY | $5,616,461 | $2,292,211 |
Junior Achievement Of The Heartland Moline, IL | $1,846,335 | $1,996,940 |
Social Promise Inc Greencastle, IN | $1,790,327 | $2,361,095 |
Mexico Mennonite Aid Nappanee, IN | $2,423,507 | $1,457,665 |
Alter Global Petersburg, IL | $998,267 | $399,411 |